COVID-19 – Important Auction Information
For Sale By Auction | 2.30pm, 29 April 2021 | Lot 4

335 Kingsway, Hove, East Sussex, BN3 4PD

*Guide | £375,000 - £390,000 (plus fees)

  • Residential Development
  • 2 Bedrooms

Call the team on 01273 201989 for more information

Auction Date

Thu 29/04/2021

Auction Time

2.30pm

Auction Venue

Live Stream

Commercial/Residential property let and producing £17,300 with future potential

A semi detached property arranged as part ground floor commercial retail unit and good size first floor flat with ground floor kitchen, own entrance and rear garden. Further potential exists for conversion of ground floor to residential unit or conversion of whole into a House (subject to planning consents). Front forecourt, with possible parking facility subject to planning consent.

Lot Type

Commercial

Accommodation

GROUND FLOOR RETAIL Front section - 22.2 sq.m. Rear section - 11 sq.m. Kitchen - 5 sq.m Separate WC Tenant trading as Bunches Hairdressers, in occupation for 13 years, holding over from expired lease and paying £6,500pa. The tenant has indicated her desire to enter into a new commercial Lease. GROUND/FIRST FLOOR MAISONETTE Ground floor (Separate side street entrance) Entrance Hall Kitchen - 4.5 x 3.2 door to good size garden FIRST FLOOR Front Living room - 4.8 x 3.9 (+bay) Middle bedroom 1 - 3.7 x 2.9 Rear bedroom 2 - 3 x 2.5 Bath/WC Currently let at £900pcm holding over on an AST Agreement. The flat has in the main uPVC replacement windows., gas fired central heating (not tested) Both rents due for review.

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration fee of 0.3% (0.25% plus VAT) of the sale price, subject to a minimum of £660 (£550 plus VAT)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.